BUS 401
Section 3: Dividend Analysis and Preliminary Valuation
The University of Arizona Global Campus
BUS 401: Principles of Finance
Section 3: Dividend Analysis and Preliminary Valuation
Part 1: Dividend Analysis
Over the last ten years ET has paid dividends quarterly. The table below shows ET’s
annual dividends over the last ten years and the annual growth rate.
Table 6
ET’s Annual Dividends
ET Year Dividend Per Share Annual Growth Rate
2020 $ 1.07 -12.30%
2019 $ 1.22 0%
2018 $ 1.22 7.02%
2017 $ 1.14 0%
2016 $ 1.14 -23.49%
2015 $ 1.49 -0.07%
2014 $ 1.50 -42.53%
2013 $ 2.61 4.40%
2012 $ 2.50 6.38%
2011 $ 2.35 8.80%
